Question

After how many weeks did it take the grouchy to earn a profit? Where is this information located on the graph?

Answer 1

Step 1

Given;

Step 2

In business accounting, the break-even point refers to the amount of revenue necessary to cover the total fixed and variable expenses incurred by a company within a specified time period. This revenue could be stated in monetary terms, as the number of units sold or as hours of services provided.

Therefore, from the graph, the break-even point is at 5 weeks.

This means after 5 weeks the group will earn a profit. This point is located at the x-intercept to the right side of the graph.

Answer;

`\begin{gathered} A)\text{ After 5 weeks} \\ \end{gathered}`

B) At week 5 upwards profit is made. This information is located on the graph as seen below.